gwynfryn

gwynfryn
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  • Facebook: Buying On Pullbacks Is Not A Brilliant Idea  [View article]
    That would be sensible, t1, as the current situation, whilst unprecedented, making forecasting rather chancy, does not look healthy...
    Feb 8, 2016. 10:21 AM | 1 Like Like |Link to Comment
  • Facebook: Buying On Pullbacks Is Not A Brilliant Idea  [View article]
    I thought the whole point was that users wouldn't need to actually pay to go to games; just a 3D (and not binocular) camera, to broadcast the whole game? I don't know what the game authorities will think of this...
    Feb 6, 2016. 11:53 AM | Likes Like |Link to Comment
  • Fund Manager: Facebook's Valuation Is 'Impossible To Sustain'  [View article]
    Not at all, B1; rejoice, for he will soon find that there is life outside FB...
    Feb 6, 2016. 10:07 AM | Likes Like |Link to Comment
  • Bank Of America: The Worst Is Over  [View article]
    It's due to a bug WD (SA seem to be making changes) as should be clear from the stated time of posting, so not Ig's fault.
    Feb 6, 2016. 08:59 AM | Likes Like |Link to Comment
  • Bank Of America: The Worst Is Over  [View article]
    BX, the first link had a second layer of writing over it, but the second was fine. This, I note, was pre TARP, so did they have any other choice? Politics is supposed to be The Art of the Practical, and the outcome was as fair as could be, so what's the point of digging all over it again?
    Feb 6, 2016. 08:54 AM | Likes Like |Link to Comment
  • Financials punished as markets drop, rates plunge  [View news story]
    Dinosaur, definitely, but not so "temporary"!
    Feb 5, 2016. 11:45 AM | 1 Like Like |Link to Comment
  • Financials punished as markets drop, rates plunge  [View news story]
    Funny, WD, coming from a guy who often gets his "there's" and "theirs" mixed up!
    Feb 5, 2016. 11:43 AM | 1 Like Like |Link to Comment
  • Wells Fargo And Bank Of America Issue Preferreds - I Pass On Both  [View article]
    “It's the easiest money they will ever make”, DOW? That who will ever make,?
    From Wikipedia:
    “Stock repurchases are used as a tax efficient method to put cash into shareholders' hands, rather than paying dividends”, which is the usual claim, but how does it work? Where, exactly is this “cash” and how does it get “into shareholders' hands”? If you know, please do explain to me just how buy backs "put cash into shareholders' hands"?

    Then we have the following, which confirms my belief that in fact, nothing changes, as far as the remaining shareholders are concerned (but the company now has a lower valuation):

    “In an efficient market, a company buying back its stock should have no effect on its price per share valuation.[citation needed] If the market fairly prices a company's shares at $50/share, and the company buys back 100 shares for $5,000, it now has $5,000 less cash but there are 100 fewer shares outstanding; the net effect should be that the underlying value of each share is unchanged”

    Everyone seems to be singing from the same sheet, but nobody has thought things through, it would seem? In an inefficient market, anything can happen, so no outcome can be guaranteed!
    Feb 5, 2016. 11:21 AM | 1 Like Like |Link to Comment
  • Fund Manager: Facebook's Valuation Is 'Impossible To Sustain'  [View article]
    So it rains babies where you are, S2?
    Feb 5, 2016. 09:18 AM | Likes Like |Link to Comment
  • Bank Of America: The Worst Is Over  [View article]
    One improvement I'd like to see is a "go to next new comment" button, as sometimes, even when flagged, it can take an age to find them!
    Feb 5, 2016. 09:15 AM | 1 Like Like |Link to Comment
  • Bank Of America: The Worst Is Over  [View article]
    BX, we've always been able to edit only our most recent comment, which shouldn't be a problem, but as for the escalation of repeated messages of “there has been an error, please try again”, when trying to publish, and pages taking ever longer to open, while freezing the system (and spellcheckers coming and going, or recent comments not being flagged) yes, I’ve been getting a lot of that on certain topics (why should it matter what the topic was?). The puzzle is that sometimes it’s when I’m countering trolls (like on the climate change thread, where it eventually took ten full minutes to open the page!) and at other times when I’m being anti-Establishment (like my recent exposition of what a con buy backs are). It’s hard to accept it’s just coincidence, but then, I can’t really figure why SA would take a stance on either issue…
    Feb 5, 2016. 09:11 AM | Likes Like |Link to Comment
  • Bank Of America: The Worst Is Over  [View article]
    Interesting link, BX, but inconclusive.
    Feb 5, 2016. 08:59 AM | Likes Like |Link to Comment
  • Bank Of America: The Worst Is Over  [View article]
    Agreed, OC; I stopped reading at "there is only one way that the stock would move" as this is never true for any stock ever!
    Feb 4, 2016. 12:42 PM | Likes Like |Link to Comment
  • NOK/ALU down over 11% after Samsung ruling; BofA, Canaccord downgrade NOK  [View news story]
    JdK: Did you miss "2. Alcatel-Lucent integration cost" ?
    Feb 4, 2016. 12:14 PM | Likes Like |Link to Comment
  • Facebook Stock: Buy On The Pullback  [View article]
    I'm certainly not a tech guru, but I wouldn't bet against someone finding a way of blocking those ads; I'd be a buyer (if I had any use for FB...)!
    Feb 4, 2016. 12:05 PM | Likes Like |Link to Comment
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